SmarterDividends

DVY vs SHV: Which Is the Better Dividend Stock?

As of September 2026, SHV (iShares 0–1 Year Treasury Bond ETF) screens as the stronger dividend stock, winning 3 of 4 head-to-head metrics. SHV offers the higher yield at 3.69%, DVY has the higher dividend-safety score.

MetricDVYSHV
Forward yield3.45%3.69%
Annual dividend$3.54$4.07
Payout ratio
Years of growth5 yr0 yr
5-yr dividend growth7.9%50.0%
5-yr total return34%
Dividend safety score78 (B)
Fair value estimate$64.26
Upside to fair value-59%
Frequencyquarterlymonthly
Market cap
P/E ratio14.7

Higher yield

SHV

3.69%

Safer dividend

DVY

Grade B

Faster growth

SHV

50.0%

DVY vs SHV — FAQ

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